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Light & Wonder Director McLennan Trims Stake in ASX-Listed CDIs

Story Highlights
  • Director Hamish McLennan sold 6,000 Light & Wonder CHESS Depositary Interests in a disclosed market transaction.
  • Despite the sale, McLennan retains substantial direct and indirect holdings, clarifying his ongoing beneficial ownership position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Light & Wonder Director McLennan Trims Stake in ASX-Listed CDIs

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The latest update is out from Light & Wonder, Inc. Shs Chess Depository Interests Repr 1 Sh ( (AU:LNW) ).

Light & Wonder director Hamish McLennan has reported an open market sale of 6,000 CHESS Depositary Interests in the company, executed on March 2, 2026 in Australia, equivalent to March 1, 2026 in the U.S. The transaction was priced at the Australian dollar level and converted for disclosure into U.S. dollars using a stated exchange rate, and McLennan continues to hold additional shares both directly and indirectly through a superannuation fund and a family trust.

Following this sale, McLennan’s direct holdings in Light & Wonder common stock stand at 25,782 shares, alongside indirect interests of 6,380 shares via his superannuation fund and 9,750 shares through the Londolozi Family Trust. The filing underscores that the securities traded are CHESS Depositary Interests, each representing one fully paid share of common stock, and clarifies the structure of his remaining beneficial ownership for investors monitoring insider activity.

The most recent analyst rating on (AU:LNW) stock is a Buy with a A$195.00 price target. To see the full list of analyst forecasts on Light & Wonder, Inc. Shs Chess Depository Interests Repr 1 Sh stock, see the AU:LNW Stock Forecast page.

More about Light & Wonder, Inc. Shs Chess Depository Interests Repr 1 Sh

Light & Wonder, Inc., listed on the ASX under ticker LNW, operates in the gaming and entertainment technology sector. The company provides gaming content and related products, with its common stock also represented on the Australian market through CHESS Depositary Interests that trade on the Australian Securities Exchange.

Average Trading Volume: 468,083

Technical Sentiment Signal: Sell

Current Market Cap: A$10.35B

See more insights into LNW stock on TipRanks’ Stock Analysis page.

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